The European Commission said on Monday it was putting all its development aid to Palestinians, worth 691 million euros ($729 million), under review and immediately suspending all payments following Hamas' attack on Israel. "The scale of terror and brutality against Israel and its people is a turning point," Oliver Varhelyi, the European Commissioner for Neighbourhood and Enlargement, said in a post on social media. Hamas militants killed 700 Israelis and abducted dozens in the deadliest such incursion since the Yom Kippur war 50 years ago, prompting Israel to retaliate with its heaviest ever bombardment of Gaza, which has killed more than 400 people.

The European Commission said on Monday it was putting all its development aid to Palestinians, worth 691 million euros ($729 million), under review and immediately suspending all payments following Hamas’ attack on Israel.

“The scale of terror and brutality against Israel and its people is a turning point,” Oliver Varhelyi, the European Commissioner for Neighbourhood and Enlargement, said in a post on social media. “There can be no business as usual.”

Hamas militants killed 700 Israelis and abducted dozens in the deadliest such incursion since the Yom Kippur war 50 years ago, prompting Israel to retaliate with its heaviest ever bombardment of Gaza, which has killed more than 400 people.